What is the value of liberty to you? Is it worth the price of a government check?

Monday, September 22, 2008

"Credit" - if you will - Where Due

This link is to a US News article about how we may have avoided "Great Depression 2" with the quick action of those with their hands on the financial wheel at this time.  The problem is that we can never "know for sure" where things would have gone had not the US Treasury and the Fed stepped in like they did.  But if this analysis is even close to right, $0.7-1.0 trillion is a bargain compared to what we would have faced.  


Given how quick we are with our criticism - maybe we ought to be willing to give credit where it's due as well.

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